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  • Mahathir's daughter says he'll be back in the fray soon

    KUALA LUMPUR -- Malaysia's combative former prime minister, Mahathir Mohamad, who was admitted to hospital Friday for a chest infection, will be ready to jump back into the political fray soon, his daughter said."He'll be back to kick some butts aga

    February 10, 2018 07:47 pm JST
  • Nikkei Asia300 Index slumps tracking Wall Street turmoil

    MUMBAI (NewsRise) -- Asian stocks outside of Japan tumbled Friday, after U.S. markets plunged for a second time this week amid lingering concerns over climbing bond yields.The Nikkei Asia300 Index dropped 2.5% to 1,390.81, taking its losses for the

    February 9, 2018 08:32 pm JST
  • Malaysia December industrial output growth pace slows sharply

    KUALA LUMPUR (Nikkei Markets) -- Malaysia's industrial production growth decelerated sharply and underperformed market expectations in December, largely due to weakness in the mining sector, official data released Friday show.The industrial producti

    February 9, 2018 08:04 pm JST
  • Singapore, Malaysia stocks post biggest weekly loss in more than two years

    KUALA LUMPUR (Nikkei Markets) -- Shares in Singapore and Malaysia suffered their biggest weekly loss in more than two years, as rising global bond yields triggered a worldwide equity market rout.Singapore's Straits Times Index dropped 1.1% to 3,377.

    February 9, 2018 07:46 pm JST
  • China stocks lead Friday's Asian sell-off after US plunge

    TOKYO -- Asian shares were sold off across the board on Friday, as investors responded to another Wall Street plunge that put U.S. stocks into correction territory overnight.Chinese shares led the decline during the Asian trading day. The Hong Kong

    February 9, 2018 06:47 pm JST
  • Malaysia's Maxis rides rising postpaid subscriptions to 9% profit

    KUALA LUMPUR -- Maxis, Malaysia's second largest mobile telecommunications operator by revenue, said on Thursday its net profit increased 9% year-on-year to 2.013 billion ringgit ($513 million) in 2017, as more prepaid customers migrated to postpaid

    February 8, 2018 10:13 pm JST
  • Nikkei Asia300 Index posts first gain of week

    MUMBAI (NewsRise) -- Asian stocks outside of Japan rose Thursday as investors stepped up purchases after three days of losses even as they awaited cues on where the U.S. inflation could be headed.The Nikkei Asia300 Index rose 0.7% to 1,425.88, after

    February 8, 2018 08:24 pm JST
  • Singapore stocks post biggest advance in a month as DBS jumps

    KUALA LUMPUR (Nikkei Markets) -- Singapore shares rose the most in more than a month on Thursday, paced by DBS Group Holdings after the lender increased its dividend.Malaysia shares edged higher, extending its rebound from one-month lows.Singapore's

    February 8, 2018 08:07 pm JST
  • DBS shows optimism about year ahead, problem loans fade

    SINGAPORE (Nikkei Markets) -- DBS Group Holdings kicked off the earnings season for banks in Singapore by posting a record quarterly profit and doubling its dividend, a surprise that made the stock one of the best performers of the day on the local

    February 8, 2018 05:23 pm JST
  • Asia's manufacturers start the year off strong

    HONG KONG Asian manufacturers started the year off strong, as global trade picked up in January, the latest Nikkei Manufacturing Purchasing Managers' Index survey showed. Nine of 11 Asian countries and regions surveyed saw an expansion of manufactur

    February 8, 2018 10:00 am JST
  • Democracy rankings put Asia in poor standing

    TOKYO Asia witnessed the biggest deterioration in its democratic conditions of any region in 2017, as minorities in countries including Indonesia and Myanmar suffered.In the annual democracy index ranking compiled by the Economist Intelligence Unit

    February 8, 2018 10:00 am JST
  • ASEAN's midsize companies are becoming major players

    SINGAPORE Midsize companies in Southeast Asia are thriving, helped by the region's growing middle class and public works spending.A Nikkei survey covering Southeast Asian listed companies with annual sales of $100 million or less showed that earning

    February 8, 2018 10:00 am JST
  • Oji to lift cardboard box output in Vietnam and Malaysia

    TOKYO -- Japanese paper maker Oji Holdings will spend some 6 billion yen ($54.8 million) to boost cardboard box production in Southeast Asia, where economic growth has increased shipments of home appliances, food and other products.The company will

    February 8, 2018 06:37 am JST
  • Nikkei Asia300 Index falls, dragged down by Chinese banks

    MUMBAI (NewsRise) -- Asian equities outside of Japan fell Wednesday, as losses in heavyweight stocks overshadowed an overnight rally in U.S. indexes.The Nikkei Asia300 Index declined 0.7% to 1,416.66, adding to Tuesday's tumble of more than 3%. Chin

    February 7, 2018 08:43 pm JST
  • Malaysia's December exports growth slows sharply

    KUALA LUMPUR (Nikkei Markets) -- Malaysia's exports growth will likely moderate this year after expanding at its fastest pace in more than a decade in 2017 as lurking risks of protectionism somewhat mars robust trade prospects.Shipments grew 4.7% fr

    February 7, 2018 08:40 pm JST
  • Malaysia stocks advance tracking Wall Street recovery, Singapore shares decline

    KUALA LUMPUR (Nikkei Markets) -- Malaysia shares rose Wednesday, boosted by an overnight rebound on Wall Street that saw the S&P 500 Index jump the most in more than a year.Singapore equities closed lower, as losses in lenders ahead of earnings by D

    February 7, 2018 07:29 pm JST
  • Asian manufacturers make strong start to 2018

    HONG KONG -- Asian manufacturers started the year strongly as global trade picked up in January, the latest Nikkei Manufacturing Purchasing Managers' Index (PMI) survey shows.Nine of 11 Asian economies surveyed saw an expansion of manufacturing acti

    February 7, 2018 01:50 pm JST
  • Asian stocks rally after Wall Street rebound

    TOKYO -- Asian stocks are following the rebound in the U.S. equity market, just as they trailed Wall Street off a cliff earlier in the week.In Hong Kong, the benchmark Hang Seng Index opened 2.55% higher on Wednesday morning. Index heavyweights such

    February 7, 2018 01:26 pm JST
  • ASEAN 'concern' resurfaces over contested waters with China

    SINGAPORE -- The situation in the South China Sea, where China has moved aggressively amid conflicting territorial claims, was highlighted as a source of concern in an ASEAN foreign ministers' statement released Tuesday, with Singapore taking a more

    February 7, 2018 07:13 am JST
  • ASEAN, China to conduct joint military exercise this year

    SINGAPORE (Kyodo) -- Military leaders from the 10 members of the Association of Southeast Asian Nations and China agreed Tuesday to conduct joint military drills this year, Cambodia's defense minister told Kyodo News.Tea Banh said the agreement on t

    February 6, 2018 09:54 pm JST